Complete Listing

2022 - 2028 Cuvillier, Hochelaga-Maisonneuve

Cost per Unit (CPU) N/A
Gross Revenue Multiplicator (GRM) 16.6
Net Revenue Multiplicator (NRM) 25.7
Capitalization Rate (CAP)
3.9 %

8 Atypical Plex with large surface area, very well located (Metro Joliette (700m) and Préfontaine (950m). Since 2013, the owner has put the emphasis on the interior improvement of the units, roofing, windows and plumbing. Small commercial premise is available to the buyer, very few common areas and excellent potential!

Cartography

Map

Property description

Features

Heating System Electric baseboards and convectors
Hot Water System Independent tanks
Electrical Pannels Breakers except apt 2022
Plumbing Copper, steel, ABS, cast iron
Condition of Kitchens Good condition
Condition of Bathrooms Good condition
Floor Covering Laminated
Environmental Study No
Condition of Roof Elastomeric membrane 2007 and 2015
Siding Brick
Condition of Balconies None
Condition of Doors Good condition
Condition of Windows 10 new windows replaced since 2016
Type of Parking None
Intercom and Bell None
Fire System None
Janitor Agreement No

Construction

Year Built 1900
Building Type Attached
Construction Type Brick and wood
Number of Stories 3
Other Informations

Building type

Number of Units 1x6.5 + 1x5.5 + 4x3.5 + 1 comm.
Number of Parkings None
Responsability of Heating Owner for 4 units
Responsability of Hot water Owner for 4 units
Responsability of Appliances Tenants
Washer /Dryer Installation In some units
Laundry None
Other Informations Building with large extension in the back

Significant capital expenditures since 10 years

  • Building and city water inlets replaced in 2019
  • Part of the roof redone in 2015 Elastomer Soprema guaranteed 20 years
  • Some windows changed since 2016

Other informations

Bixi and Jean-Coutu station only a few steps away
Unique roof terrace in the area with a view
2022 Commercial: (Residential conversion potential to be verified by the buyer)
Electricity expenses of the 4 apartments 2022 - 2028 at the tenants expense
Electricity exepense for 2024 A1 to A4 at the owner's expense
The rear part of the building (2024 A1 to A4) is supplied with a 200A panel
Some rear section ceilings are slightly low

The remarks, descriptions, features and financial projections contained in the present document are only for information purposes and should not be considered as being official. The information herein comes from what we consider reliable sources but for which we cannot guarantee the accuracy. It is the buyer’s responsability to verify all the information and to declares himself satisfied or dissatisfied while in the due dilligence process following an accepted promise to purchase.

Financial information

Rent roll

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